California Seeks $131K In Tax Penalties From Michael Jackson Estate
LOS ANGELES (AP) — California wants a little bit more of the King of Pop — roughly $131,000 in tax penalties.
The figure is considerably more than the state’s Franchise Tax Board sought from Michael Jackson’s estate in March, when it filed a creditor’s claim for $1,647.24.
The state amended its claims Friday to include $131,544 in interest and penalties that it says the estate owes for the 2009 tax year.
The original claim was because the state had to request that the late singer file a state income tax return for 2007, although the penalty doesn’t appear in the updated document.
The late singer’s estate evaluates claims before deciding whether to pay them.
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